701 S Olive Avenue 1701, West Palm Beach, FL 33401

$2,100,000
Property Type: Residential Bedrooms: 3 Baths: 4 Square Footage: 3,000 Status: Closed
Current Price: $2,100,000 List Date: 11/30/2022 Last Modified: 7/01/2026

Overview

Description

Welcome to the most incredible 3,000sqft Penthouse with 280 degrees of panoramic views, spanning from the southeast ocean, west and to the northeast corners w/ water and sunset views! Encapsulating the entire full wing of the building, 3 bedrooms and 3.5 baths all ensuite, this truly lives like a home. Floor-to-ceiling windows on 2 double mirrored living rooms, 12' soaring ceilings, fully renovated kitchen w/ large counter bar & storage that opens to balcony and ample gallery wall space. The home is wired for smart home hub and has surround sound speakers and electric shades. The spacious master-suite features ocean views, a luxurious all marble spa-like bathroom, large soaking tub private water closet and two oversized fully fitted walk-in closets. The 2nd and 3rd bedrooms have southeast

Supplements: ocean/Intracoastal views that are both ensuite with beautiful private bathrooms and fitted walk-in closets. This also comes with two premium parking spaces on Mez-124 & P6-366 PLUS an a/c storage room. Amenities in this full-service building are endless; 24-hr security, concierge, roof top pool with towel service coming soon, hot tub, sauna, steam ...

Listing Details MLS# R10849005

General Property Information

Number Of Units In Community
467
Total Units In Building
467
Unit Floor #
17
Property Sub Type
Condominium
Bedrooms Total
3
Bathrooms Total
4
Bathrooms Full
3
Bathrooms Half
Yes
Building Area Main
3000
Building Area Source
Public Records
Living Area Main
3000
Year Built
2008
Garage YN
Yes
Garage Spaces
2
Covered Spaces
2
Gated Community YN
No
Lot Size Area
43560
Lot Size Acres
Yes
Senior Community YN
No
Outdoor Living Spaces YN
Yes
Stories Total
21
Direction Faces
Southwest
Pool Private YN
No
Builder Model
Unit M
Furnished
Unfurnished

Property Features

Association Fee Includes: Cable TV; Common Areas; Common Real Estate Tax; Elevator; HVAC Maintenance; Insurance; Security; Trash; Water Dining Area: Breakfast Area; Dining/Living Room; Eat-In Kitchen Electric: Three Phase Flooring: Carpet; Marble Leasing Permitted Details: Okay To Lease Parking Features: Garage Property Condition: Resale Appliances: Dishwasher; Disposal; Dryer; Electric Range; Free-Standing Freezer; Ice Maker; Microwave; Refrigerator; Washer; Water Heater Water Heater Details: Electric Water Heater Construction Materials: CBS Cooling: Central Individual Association Type: Condominium Heating: Central Individual Interior Features: Bar; Bedroom Layout - Split; Built-in Features; Cathedral Ceiling(s); Closet Cabinetry; Custom Mirrors; Entrance Foyer; High Ceilings; Kitchen Island; Pantry; Roman Tub; Storage; Vaulted Ceiling(s); Walk-In Closet(s) Laundry Features: Inside; Laundry Closet; Laundry Tub; Washer Hookup Listing Terms: Cash; Conventional Lot Features: Sidewalks Pets Allowed YN: Yes Possession: Close Of Escrow Restrictions: Buyer Approval Required Other Leasing Restrictions: Tenant Approval Road Frontage Type: East of US-1 Roof: Spanish Tile Security Features: Closed Circuit Camera(s); Fire Alarm; Fire Sprinkler System; Gated with Guard; Key Card Entry; Lobby - Attended; Security System; Smoke Detector(s) Sewer: Public Sewer Special Information: Sold As-Is Tax Information: City/County Unit Description: Corner/End Unit; Penthouse Utilities: Cable Available; Sewer Available; Water Available Water Source: Public Water View: Intracoastal; Lake; Ocean Waterfront Features: Intracoastal; Lake Front Window Features: Blinds; Drapes Showing Requirements: Call Listing Agent; Text Listing Agent Outdoor Living Spaces: Balcony Balcony Details: Balcony - Covered; Balcony - Open Contingencies: Inspection Room Types: Bedroom 2; Bedroom 3; Family Room; Great Room; Kitchen; Laundry; Living Room; Master Bedroom Acreage Description: 1 To Less Than 2 Acre Lot

Contract Information

Comp Sale YN
No
Original List Price
2650000

Location and Legal

County Or Parish
Palm Beach
County Parish Name
Palm Beach
Street Number
701
Street Direction Prefix
S
Street Name
Olive
Street Suffix
Avenue
Unit Number
1701
City Name
West Palm Beach
State Or Province
FL
Postal Code
33401
Postal Zip
33401
Subdivision Name
TWO CITY PLAZA CONDO
Development Name
Two City Plaza
Area
5420
Geographic Area
PB20
Special Assessment YN
No
Parcel Number
74434322410001701
Zoning
QGD-25
Directions
I-95 East on Okeechobee, North on Olive Ave, 2nd block on left, directly across from Hyatt Hotel. Complimentary valet parking available

Financial Information

Association YN
Yes
Association Deposit YN
No
Association Fee
2670
Association Fee Frequency
Monthly
Association Membership
Mandatory
Application Required YN
Yes
Association Phone
561.202.1902 x 2
Membership Fee Required YN
No
Tax Annual Amount
21749.4
Tax Year
2022
Tax Legal Description
TWO CITY PLAZA CONDO UNIT 1701

Status Change Information

Major Change Timestamp
2023-02-16T16:48:14Z
Major Change Type
Status Change
Status Change Date
2023-02-16
Under Contract Date
2023-01-10
Close Date
2023-02-16
Close Price
2100000
Buyer Financing
Cash

More Information

Application Fee Details

Application Fee Required
Yes
Application Fee
100

Entry Information

Entry Location
Entry Level Living Area Y

Leasing Permitted Details

Leasing Permitted YN
Yes

Short Sale Details

Short Sale Addendum
No

Main Level Rooms

Main Level Bathrooms
3
Main Level Bedrooms
3

Storm Protection

Impact Glass
Complete

Concessions

Seller Concessions
No

Contributions

Buyer Contributions
No

Room Types

Bedroom 2 Level
Main
Bedroom 3 Level
Main
Great Room Level
Main
Kitchen Level
Main
Living Room Level
Main
Master Bedroom Level
Main

Price Calculations

Current Price To SqFt
700
Original List Price To Close Price
1.26

Originating Details

Originating System Key
20221130173807649676000000
Originating System ID
M00000170

Room Information

Room Name Length Width Level
Living Room 30.00 18.00 Main
Kitchen 14.00 11.00 Main
Master Bedroom 21.00 14.00 Main
Great Room 30.00 18.00 Main
Bedroom 2 13.00 11.00 Main
Bedroom 3 13.00 12.00 Main
Family Room
Laundry
IDX
Listing Office: Douglas Elliman
Source MLS Verified
Last Updated: July - 01 - 2026
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